Latest Africa News

Streamplay Studio Limited reports its second consecutive cash-flow positive quarter, driven by strong game launches and platform growth across Tier 1 markets and emerging regions.

Galileo Mining reports standout gold assays up to 13.7 g/t with significant palladium and platinum at its Norseman project, setting the stage for upcoming RC drilling to test promising bedrock targets.

TerraCom Limited reported a robust September quarter with increased coal production and sales, particularly in South Africa and at its Blair Athol mine, while maintaining disciplined cost controls and deferring dividends amid soft coal prices.

Predictive Discovery Limited and Robex Resources Inc. have announced a merger of equals, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

RocketDNA Ltd reported a 13% revenue increase in Q3 2025, driven by a surge in autonomous drone operations and new multi-million dollar contracts across Australia and Africa. The company’s expanding footprint in Tier-1 mining clients highlights growing adoption of AI-powered drone technology in open-pit mining.

Southern Palladium Limited has launched a Share Purchase Plan allowing eligible shareholders to invest up to $30,000 at $1.10 per share, aiming to raise $1 million to advance its Bengwenyama mine project in South Africa.

Skylark Minerals has completed initial fieldwork at its Simon Copper Project in Mt Isa and launched a new rare-earths desktop study in Brazil, while actively pursuing new gold assets and re-engaging on its Greenland zinc project.

Terra Metals has reported multiple new zones of massive and semi-massive sulfide mineralisation at its Southwest Prospect within the Dante Project, signalling a potentially large-scale, multi-metal magmatic system. Assay results are pending as drilling and geophysical surveys continue.

West Wits Mining has reached a pivotal milestone with first underground ore production at its Qala Shallows project, supported by a robust updated feasibility study and full funding secured for initial gold production.

Toubani Resources has made significant strides in advancing its Kobada Gold Project, reporting promising drilling results and securing a substantial A$395 million funding package to support project development.

Black Rock Mining has secured A$14 million through a placement and oversubscribed share purchase plan to kickstart early construction at its Mahenge Graphite Project in Tanzania, backed by strong government and industry support.

Resolute Mining Limited reports solid Q3 2025 results with gold production nearing 60,000 ounces and updates its 2025 guidance reflecting higher costs. The company advances key projects across West Africa, aiming to double production by 2028.